ORASURE TECHNOLOGIES INC — Director's Dealing 2012

Jul 11, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORASURE TECHNOLOGIES INC (OSUR)
CIK: 0001116463
Period of Report: 2012-07-09

Reporting Person: Lee Stephen R (Exec. VP & CSO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-09	Common stock	M	40000	$8.965	Acquired	85923	Direct
2012-07-09	Common stock	M	13811	$8.275	Acquired	99734	Direct
2012-07-09	Common stock	S	53811	$14.00	Disposed	45923	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-09	Non-qualified stock option	$8.965	M	20000	Disposed	2015-09-23	Common stock (20000)	Direct
2012-07-09	Incentive stock option	$8.965	M	20000	Disposed	2015-09-23	Common stock (20000)	Direct
2012-07-09	Non-qualified stock option	$8.275	M	13811	Disposed	2017-02-01	Common stock (13811)	Direct

Footnotes

F1: Sale pursuant to a predetermined sales plan, entered into on February 9, 2012, under Rule 10b5-1 of the Securities and Exchange Act of 1934.

F2: Stock options granted on September 23, 2005 vesting and exercisable over a four year period, with one-fourth of the options vesting on the first anniversary date of the grant and the remainder vesting ratably on a monthly basis, over the remaining 36 months.

F3: Stock options granted on February 1, 2007, vesting and exercisable over a four year period, with one-fourth of the options vesting on the first anniversary date of the grant and the remainder vesting ratably on a monthly basis, over the remaining 36 months.